Economic sectors Flashcards
1
Q
What are the 3 economic sectors?
A
Primary, Secondary and Tertiary
2
Q
What is in the Primary Sector
A
Gathering/supplying natural resources
e.g. mining, farming etc
3
Q
What is the Secondary Sector?
A
Manufacturing goods
4
Q
What is the Tertiary Sector
A
Providing services
e.g. teaching, taxiing
5
Q
What is the difference between goods and services?
A
Goods are a tangible product a consumer can buy, whilst a service is an action that is payed for
